This property might be a fair Long-Term investment with a projected 1.3% first-year return on $47,922 initial cash invested.
1.3%
Cash On Cash
7.43%
Cap Rate
1.12
DSCR
$1,940
Rent
$52
Cashflow
Cash Flow
$1,940 income − $1,888 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,922
Downpayment
20%
$45,640
Closing costs
1%
$2,282
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,940
Total Expenses
$1,888
Mortgage P&I
65%
$1,264
Property Taxes
2%
$41
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0